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Dec 30, 2012
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now, having said that, elections matter. so, we believe that the 250,000 threshold is the appropriate threshold. the president did make an offer, we understand, of $400,000. with a trillion in cuts. accompanying it. that was turned down by the house. the time has come, really, to measure the absence of a deal plus -- against a deal. and i think both of us come down that we have to solve this immediate situation. the danger to our people, to our military, to our nation's security, to our economic base is just too great not to have a solution. so, you know, what makes this government work, is compromise, and, it is when you don't compromise, there is stasis -- >> you say 400,000 you could live with, not happily -- >> isn't that the question i will get asked? where does the money go? let's say it is $400,000. people vote $400,000, pay 39.3. >> chris: which is roughly $600 billion. >> if i'm asked at home, senator graham, what will we do with the money, what will i say. >> it is added to make up the deficit that everyone has bee
now, having said that, elections matter. so, we believe that the 250,000 threshold is the appropriate threshold. the president did make an offer, we understand, of $400,000. with a trillion in cuts. accompanying it. that was turned down by the house. the time has come, really, to measure the absence of a deal plus -- against a deal. and i think both of us come down that we have to solve this immediate situation. the danger to our people, to our military, to our nation's security, to our...
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Dec 30, 2012
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i know house republicans say we were re-elected to you do you think winning the presidential election has a certain force to it maybe he feels overrides that. >> it was. it was good, solid win. 47, 48% of the country didn't agree with him. so that's not a small little number of differing opinions. >> that's true. and i think the president actually is complicit in our permanent state of cliffitis. we are going to have a tiny patch, not going to have a real deal that solves our problems. we're going into another fight. the world has been waiting for a year and a half for us to solve our first debt deal. it fell apart. waiting on a second one. we're going to rattle the global markets, tell our enemies we're cutting our military. we are telling everyone we're paralyzed. he's going to be complicit in that. it's not good for him to go into his second term the beginning of it, without the ability to go on to move on to clean fights. we're always at the cliff, always at the precipes of default and the inability to deal with entitlements to really give on -- and move to the center, on the side
i know house republicans say we were re-elected to you do you think winning the presidential election has a certain force to it maybe he feels overrides that. >> it was. it was good, solid win. 47, 48% of the country didn't agree with him. so that's not a small little number of differing opinions. >> that's true. and i think the president actually is complicit in our permanent state of cliffitis. we are going to have a tiny patch, not going to have a real deal that solves our...
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Dec 27, 2012
12/12
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obama was elected with a surplus of about 3 million votes. he won the election. he campaigned on this issue. again, the speaker can't take yes for an answer. the president has presented to him something that would prevent us from going over the cliff. it was in response to something the speaker gave to the president himself, but, again, i guess with the dysfunctional republican caucus in the house even the speaker can't tell what he's going to do because he backed off even his own proposal. mr. president, the house, we hear this so often, is controlled by the reap warnings and we acknowledge that. i would be most happy to move forward on something that senator mcconnell said they wouldn't filibuster over here that he would support and that boehner would support, if it were reasonable, but right now we haven't heard anything. i don't know, and it's none of my business, i guess, although i am very serious, if the speaker and the majority leader, the republican leader over here are even talking. i mean, what's going on here? mr. president, you can't legislate with y
obama was elected with a surplus of about 3 million votes. he won the election. he campaigned on this issue. again, the speaker can't take yes for an answer. the president has presented to him something that would prevent us from going over the cliff. it was in response to something the speaker gave to the president himself, but, again, i guess with the dysfunctional republican caucus in the house even the speaker can't tell what he's going to do because he backed off even his own proposal. mr....
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Dec 29, 2012
12/12
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and what was really remarkable is by time election day rolled around, the election had almost become a referendum on mitt romney. gwen: yeah, funny how they turned that around. after it was all over, a lot of the things we didn't believe during the campaign, the obama people said oh, we figured this out. we know who our voters are. we know where to spend the money. we thought they were boasting. and it turns out they were right. >> the one thing, really, i think defied everybody's expectations is what the obama campaign said they were going to do, was that they were going to turn out an electorate in 2012 that looked very much like the electorate in 2008, that they were going to get huge numbers of african americans and young people. that they were going to mobilize the hispanic vote. a lot of republicans couldn't believe these polling numbers. there were so much talk of skewed polls. after the election the romney campaign said they just couldn't believe that the obama operation was capable of doing this. >> karen, to what extent do we think that the electorate that they produced in
and what was really remarkable is by time election day rolled around, the election had almost become a referendum on mitt romney. gwen: yeah, funny how they turned that around. after it was all over, a lot of the things we didn't believe during the campaign, the obama people said oh, we figured this out. we know who our voters are. we know where to spend the money. we thought they were boasting. and it turns out they were right. >> the one thing, really, i think defied everybody's...
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Dec 24, 2012
12/12
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i started to say this before the election day. the first step in the fiscal cliff ought to be a republican discussion about what they were and were not willing to do. that did that seem to take place until earlier this week. the conversation was inconclusive. the one thing that has not happened yet, democrats have provided the votes on a lot of budget-related matters over the years but it was only after the tea party gave boehner permission to negotiate with the democrats -- those circumstances have to happen. we see you pushed as hard as you could. we now need to get something done. we're going to vote against this but work with the democrats. host: we have spoken to a number of republicans who say that the problem is spending. the government needs to cut spending. that is where we need to go in terms of reducing the deficit. guest: that is true, we need to cut spending, but there is some conflicting other couple issues. we to cut long-term spending on retirement programs to make them more in line with economic growth, not make t
i started to say this before the election day. the first step in the fiscal cliff ought to be a republican discussion about what they were and were not willing to do. that did that seem to take place until earlier this week. the conversation was inconclusive. the one thing that has not happened yet, democrats have provided the votes on a lot of budget-related matters over the years but it was only after the tea party gave boehner permission to negotiate with the democrats -- those circumstances...
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Dec 31, 2012
12/12
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history to survive a recall election. and another nod to a republican governor. >> i cannot thank the president enough for his personal concern and compassion for the people of our state. >> chris christie's full on embrace of president obama for helping new jersey came days before the election, and had no noticeable effect on the presidential race. but some republicans think christie didn't have to be that abusive. he'll remember if his name pops up in 2016. >> if it's a legitimate rape, the female body has ways to try to shut that whole thing down. >> from the say what category of entries comes a combo team, todd akin and richard murdoch. >> life is a gift from god, and i think even when life begins in that horrible situation of rape, it is something that god intended to happen. >> republican dreams to take control of the senate in 2012 had dwindled throughout the year, but akin and murdoch pretty much shut that door in a couple sentences. two words from mitt romney during the primary reverberated all the way through to
history to survive a recall election. and another nod to a republican governor. >> i cannot thank the president enough for his personal concern and compassion for the people of our state. >> chris christie's full on embrace of president obama for helping new jersey came days before the election, and had no noticeable effect on the presidential race. but some republicans think christie didn't have to be that abusive. he'll remember if his name pops up in 2016. >> if it's a...
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Dec 30, 2012
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we won the election, hold firm. so you're beginning to see that within the democratic party, the president has sort of spoken favorably about the social security fix. it was part of a broader package. but he's talked favorably about it. some democrats don't want to do that. while we've seen these rifts in the republican party. about whether to raise taxes, tax rates on anybody. you're going to begin to see this conversation as the conversation moves forward. the rifts in the democratic party about what programs should be cut and what programs should be saved. and i think that's a little of what you're seeing now. i don't know if it's enough to sort of throw the whole deal out. i think only those folks -- you did hear the folks, senator mcconnell saying i've called my friend joe biden, can he get to the president. it's clear that the democrats are saying that the president is the one who won't -- you know, who doesn't want to put up a counteroffer. so we'll see. >> changes by the hour. >> candy crowley, thank you as
we won the election, hold firm. so you're beginning to see that within the democratic party, the president has sort of spoken favorably about the social security fix. it was part of a broader package. but he's talked favorably about it. some democrats don't want to do that. while we've seen these rifts in the republican party. about whether to raise taxes, tax rates on anybody. you're going to begin to see this conversation as the conversation moves forward. the rifts in the democratic party...
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Dec 29, 2012
12/12
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we elected this same crowd. the senate still has harry reid, the democrat, the house has john painter, the president is still the president. why she we expect anything to change. >> i don't expect anything to change. the reality is you have the same people. there very blunt, competent, dishonest, lying to the american public for a long time, promisin things they know they cannot deliver. our children, grandchildren will pay the price. maybe sooner, but the bottom line is you are dealing with people who care about themselves to maintaining power. >> i think they care about the 1%. they increase the taxes on those made for under thousand and above, less than 1%. and the republicans are holding the country hostage. they rejected that. tom: will that tax solve the deficit spending? >> it will if you include 2%, 250,000 for couples, 200,000 for individuals and above. you start taxing capital gains and dividends, reinstate that and get rid of $109 billion in corporate taxes every year. you're looking it over $300 bill
we elected this same crowd. the senate still has harry reid, the democrat, the house has john painter, the president is still the president. why she we expect anything to change. >> i don't expect anything to change. the reality is you have the same people. there very blunt, competent, dishonest, lying to the american public for a long time, promisin things they know they cannot deliver. our children, grandchildren will pay the price. maybe sooner, but the bottom line is you are dealing...
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>> i would. >> and safer politically for an election in a general election given the fact people normally want to switch parties every eight years. you don't want to run as a xerox of obama. your thoughts. >> i do think she's to the right on foreign policy. i think what's going to be really interesting is seeing where she is economically. she's been very savvy about using economic statecraft to advance foreign policy goals for the u.s. it will be interesting to see what she brings to the economic debate because i think that's still going to be a debate in the next election. jobs. how to grow, how to get the country back on track. it will be really interesting to see where it comes off. >> i have you as a feminist, everybody is a feminist right now. it's a good position to be in politically. do you think she will have an unusually high draw among women voters? and that's maybe a dumb question, but could she get up to 65% or 70% of the women voters as opposed to 55%. >> >> that would be a high number. if anybody can do it, she can. i see her having tremendous strength there, and that's a de
>> i would. >> and safer politically for an election in a general election given the fact people normally want to switch parties every eight years. you don't want to run as a xerox of obama. your thoughts. >> i do think she's to the right on foreign policy. i think what's going to be really interesting is seeing where she is economically. she's been very savvy about using economic statecraft to advance foreign policy goals for the u.s. it will be interesting to see what she...
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Dec 28, 2012
12/12
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i thought enough after the election would be sorted out and the fiscal cliff would be a painful enough deadline they would come together. but it seems like the pain will come when we get to the dead cliff where they must absolutely deal with. it's one area where they must focus attention and create another deadline where they have to do something and potentially a larger agreement. >> susie: real quickly this has been frustrating from everybody from wall street to ceo to average american taxpayers. even the president saw that playing out. how do you seep see this playing out. will we have a deal on monday. >> it'we haven't heard them tal. but the hurdle remains in the house. 9 odds look like we'll go over for some period of time what bliss brings them back to a deal at that time is anybody's guess. >> susie: we'll be reporting more on monday. thanks a lot darren. washington bureau chief darren >> reporter: still ahead, harnessing the power of play. we'll take a look at how companies can benefit from giving their employees a little free time in the new year. >> susie: looks like the cli
i thought enough after the election would be sorted out and the fiscal cliff would be a painful enough deadline they would come together. but it seems like the pain will come when we get to the dead cliff where they must absolutely deal with. it's one area where they must focus attention and create another deadline where they have to do something and potentially a larger agreement. >> susie: real quickly this has been frustrating from everybody from wall street to ceo to average american...
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Dec 29, 2012
12/12
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i thought enough after the election would be sorted out and the fiscal cliff would be a painful enough deadline they would come together. but it seems like the pain will come when we get to the dead cliff where they must absolutely deal with. it's one area where they must focus attention and create another deadline where they have to do something and potentially a larger agreement. >> susie: real quickly this has been frustrating from everybody from wall street to ceo to average american taxpayers. even the president saw that playing out. how do you seep see this playing out. will we have a deal on monday. >> it'swe haven't heard them talkabout optimism. but the hurdle remains in the house. 9 odds look like we'll go over for some period of time what bliss brings them back to a deal at that time is anybody's guess. >> susie: we'll be reporting more on monday. thanks a lot darren. washington bureau chief darren >> reporter: still ahead harnessing the power of play. we'll take a look at how companies can benefit from giving their employees a little free time in the new year. >> susie: loo
i thought enough after the election would be sorted out and the fiscal cliff would be a painful enough deadline they would come together. but it seems like the pain will come when we get to the dead cliff where they must absolutely deal with. it's one area where they must focus attention and create another deadline where they have to do something and potentially a larger agreement. >> susie: real quickly this has been frustrating from everybody from wall street to ceo to average american...
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Dec 31, 2012
12/12
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that is new year's to you from our elected officials. did i also mentioned you are getting a pay raise in the new year as well. all this could have been avoided if congress got its act together, but the doomsday option hit and the president set in motion. there is a chance of some sort of deal, but we have to wait until the new year. let's go directly to washington senior washington correspondent, peter barnes, with details of negotiations. >> reporter: still some pieces being negotiated tonight, particularly on the sequestration, those automatic spending cuts that are supposed to take effect on january 2nd. about $100 billion. about half of that on the past -- defense department. still trying to work through the details of some democratic and republican side. it's unclear if there will actually get to a vote in the senate on that tonight, but they could if they work something out. otherwise we have the framework from sources familiar with these negotiations. here are some of the things that are on it. taxes would rise to return to the c
that is new year's to you from our elected officials. did i also mentioned you are getting a pay raise in the new year as well. all this could have been avoided if congress got its act together, but the doomsday option hit and the president set in motion. there is a chance of some sort of deal, but we have to wait until the new year. let's go directly to washington senior washington correspondent, peter barnes, with details of negotiations. >> reporter: still some pieces being negotiated...
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>> well, understand, that congress is made up of people who have won election in 435 districts. the 50 states with two senators. the american people can decide who they are sending to congress. so, these are duly elected people who represent districts and just because somebody in one distri vote as certain way that somebody in another district doesn't like --. adam: you lose nothing. you're done. you lose nothing by speing truth to the other 434 members. what would you say to them? >> well, i think that we have sho, historically, not just this year but every the decades that congress is not good except if there's a deadline the reason the fiscal cliff exists we pushed until the end of the year this harmonic convergence of tax increases and spending cuts that are unpalatable to force action. otherwise congress would never get it done. that is speaker boehner's leverage with the debt ceiling. so i think we could do a lot better wh the type of people that we're electing to congress, moving away from the extremes and bringing more centrists who can work together. could give you a lo
>> well, understand, that congress is made up of people who have won election in 435 districts. the 50 states with two senators. the american people can decide who they are sending to congress. so, these are duly elected people who represent districts and just because somebody in one distri vote as certain way that somebody in another district doesn't like --. adam: you lose nothing. you're done. you lose nothing by speing truth to the other 434 members. what would you say to them?...
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Jan 1, 2013
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others are saying we were elected to cut spending in washington. we need to do this. the clock is running. waiting to see what they will do. >> bret: we'll watch it and head back to breaking news with you. what a difference a day makes? not even a day. they were on their way to pass the legislation to avert the pain of self-imposed fiscal cliff and the trappings for the time being. tonight a different picture entirely. ed henry joins us live. what is the mood at the white house? >> they are watching and raising like the rest of us. there is no plan, not yet, for president to say anything. they believe with the senate republican leader mitch mcconnell on a limb, will be hard for speaker boehner not to pass this. >> biden enjoying a casual lunch with the staff. strolling back to white house saying the physical deal is still on track. >> i think so. >> basically air force one is on standby to take them back to hawaii as soon as the house approves the senate plan. some house republicans say they will disrail it. >> if i was worried about a deal struck by president obama a
others are saying we were elected to cut spending in washington. we need to do this. the clock is running. waiting to see what they will do. >> bret: we'll watch it and head back to breaking news with you. what a difference a day makes? not even a day. they were on their way to pass the legislation to avert the pain of self-imposed fiscal cliff and the trappings for the time being. tonight a different picture entirely. ed henry joins us live. what is the mood at the white house? >>...
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Dec 28, 2012
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this is part of the story of the 2012 election and maybe the never several elections. sam wang had an accurate forecasting model. he sent us a cartoon rather than a chart. he weighed in on the attacks being launched as people like us who are using data to talk about the election. it says quote, breaking, to surprise a sun dit the best system for determining which of two things is wiser. we posted these charts and a bunch of others. i'll tweet a link to them. that does it for tonight. and now it is time for the last word. have a good night. >> the house of representatives. has known for over a year that it has a monday night deadline for avoiding the fiscal cliff. so when are they going to start working on that? sunday night. >> stalemate gridlock joorks this is what the holidays look like. >> there is so much manure around here. >> this isn't school house rock. >> the fiscal cliff. whatever. >> there is barely 00 hours. >> the last minute was before christmas. >> what is going on here? is. >> how come there is no sense of urgency. >> the entire house coming back sunday
this is part of the story of the 2012 election and maybe the never several elections. sam wang had an accurate forecasting model. he sent us a cartoon rather than a chart. he weighed in on the attacks being launched as people like us who are using data to talk about the election. it says quote, breaking, to surprise a sun dit the best system for determining which of two things is wiser. we posted these charts and a bunch of others. i'll tweet a link to them. that does it for tonight. and now it...
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i think the question at the heart of the election that the rld wanted the answer to. is the united states capable of serious course correction? and i think both on november the sixth and in the so-called fiscal clef, sokol negotiations that followed, we are telling the world that the united states is not capable of serious course correction, and that will have catastrophic consequences for america. lou: when you say catastrophic consequences, tonight it seems as if we are, this broadcast has been organized to prove your point. bill archer joined us, former house ways and means committee in 1996 who was president at alst the destruction of the government nder president clinton and speaker gingrich. we have hisexperience, also the experience as a member of the budget commission put together president clinton which came to nothing. just as the simpson bowles commission came to nothing. and as this fiscal clef being managed by his president does t look promising. >> that is really the point you brought up earlier. when you have european levels of spending which we now hav
i think the question at the heart of the election that the rld wanted the answer to. is the united states capable of serious course correction? and i think both on november the sixth and in the so-called fiscal clef, sokol negotiations that followed, we are telling the world that the united states is not capable of serious course correction, and that will have catastrophic consequences for america. lou: when you say catastrophic consequences, tonight it seems as if we are, this broadcast has...
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r more interested in being right than in doing the the right thing and representing the people who elected you. >> reporter: mary snow, cnn, new york. >>> i'm joe johns. thanks for joining us. cnn newsroom continues now with ashlee banfield. >> we went over the fiscal cliff. yep at midnight and then just a couple hours later, the senate came up with a solution. now it's off to the house. the house has to sign off. they will get back to work this afternoon. what's in the deal? well, it starts with the new income tax threshold. those folks agreed to let the taxes go up but only on the family who is make over $450,000 in combined income. the itemized deductions will also be capped at $300,000 for families. and the estate tax, that was a big sticking point for lawmakers, and now the tax rate goes up to 40% for estates that are valued over $5 million. so if you're under $5 million, you skated there too. other key points are an extension of the long-term unemployment benefits. the renewal of tuition and child care tax credits and then something called the doc fix. it reimburses doctors who take
r more interested in being right than in doing the the right thing and representing the people who elected you. >> reporter: mary snow, cnn, new york. >>> i'm joe johns. thanks for joining us. cnn newsroom continues now with ashlee banfield. >> we went over the fiscal cliff. yep at midnight and then just a couple hours later, the senate came up with a solution. now it's off to the house. the house has to sign off. they will get back to work this afternoon. what's in the...
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Dec 30, 2012
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then he's going to have to go back to his caucus and say re-elect me as speaker. how does he do that? >> i think it's two separate questions, richard. on the first point he's going to have a difficult time to corral votes. if the president bring his 250 plan to the house floor, you're not going to see many republicans go after it. but at the same time i think boehner is pretty safe when it comes to his speakership. if gentlemen were making noise against the speaker, there would be huge trouble. i think boehner's pretty safe because there's not a challenger. >> sam, if boehner's safe in his job, it doesn't mean to say he's at all relevant here. he's just not a factor at this point, is that right? >> i think it's right but it's because boehner expressed he couldn't get his plan throw the court. i can only imagine how angry mcconnell and his staff are because they put him in a bind. all the while mitch mcconnell's got an eye on 2014 when he's up for re-election but the house speaker has shown he's largely ineffectual when it comes to this stuff. but i see what he's s
then he's going to have to go back to his caucus and say re-elect me as speaker. how does he do that? >> i think it's two separate questions, richard. on the first point he's going to have a difficult time to corral votes. if the president bring his 250 plan to the house floor, you're not going to see many republicans go after it. but at the same time i think boehner is pretty safe when it comes to his speakership. if gentlemen were making noise against the speaker, there would be huge...
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Dec 31, 2012
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you're re-elected. congratulations. you have a job. now work and do it. >> fiscally irresponsible decision trying to please everyone and you please no one at all. >> they've got to work together. >> they appear to be very self-centered. >> joining me now retired admiral and former democratic congressman joe sestak of pennsylvania and msnbc contributor and former bush/cheney senior adviser robert trainum. kelly o'donnell has just reported some of the latest information. we heard there was progress overnight and we understand vice president biden and republican leader mitch mcconnell exchanged phone calls until about midnight and their aides then continued to work and we've been reporting the various areas of progress including the fact that there seems to be agreement on a new income threshold of $450,000 a year. we know yesterday that the republicans backed off on social security but sequestration is the sticking point. of course democrats say they are arguing that the new revenue generated by tax increases, especially if reduced from
you're re-elected. congratulations. you have a job. now work and do it. >> fiscally irresponsible decision trying to please everyone and you please no one at all. >> they've got to work together. >> they appear to be very self-centered. >> joining me now retired admiral and former democratic congressman joe sestak of pennsylvania and msnbc contributor and former bush/cheney senior adviser robert trainum. kelly o'donnell has just reported some of the latest information....
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they are elected to do a job. and during election the president announced wanting to do certain things. part of being an elected official is being forced to say what you are for and what with you are against. if they can't do that, then go back it wherever they came from and find another line ever work. >> wonder if it will get worse before it gets better. thank you for joining us today. the washington post's jennifer rubin. >>> this is wall street's fear gate. i believe it has seen the steepest drop today since june. down 14%. back below the 20 mark. you can see the dow is slightly about 13,000 again. i think the nasdaq is back -- there you go, back at 3,000 exactly. it feels as if the mark set feeling they are putting faith in a deal getting done before the deadline cracks over our heads. >> what is the "street signs" motto? >> hopium. >> no. >> oh, everything's fine. >> right. and the vix is saying. >> everything's fine. >>. we have other mottos. >> most not fit for a family show. >> what will 2013 bring for ho
they are elected to do a job. and during election the president announced wanting to do certain things. part of being an elected official is being forced to say what you are for and what with you are against. if they can't do that, then go back it wherever they came from and find another line ever work. >> wonder if it will get worse before it gets better. thank you for joining us today. the washington post's jennifer rubin. >>> this is wall street's fear gate. i believe it has...
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Dec 31, 2012
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after the election, and barack obama won re-election pretty handily, as it turned out, after the republicans threw everything they had at him, after mcconnell said his top priority, as barney frank mentioned a few moments ago was to make barack obama a one-term president, wasn't to fix the economy, it was to make barack obama a one-term president, obama took all of that, he won. there was a sense in washington, among some people, i guess, i would call them sort of naive people, that the republicans might have learned something from that and might come to the table. but i'm afraid that, chris, they've learned precisely the opposite, that they're just going to double down in their opposition and that's what we're seeing so far with the failure to have a resolution to these fiscal cliff negotiations. john boehner -- >> but mitch mcconnell did reach ute to the president. do you see that as posturing, we're doing our best, or do you think the republicans are serious and feeling pressure about making a deal? >> i don't think they feel that much pressure. i think they feel -- they feel a little bit
after the election, and barack obama won re-election pretty handily, as it turned out, after the republicans threw everything they had at him, after mcconnell said his top priority, as barney frank mentioned a few moments ago was to make barack obama a one-term president, wasn't to fix the economy, it was to make barack obama a one-term president, obama took all of that, he won. there was a sense in washington, among some people, i guess, i would call them sort of naive people, that the...
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the notion that our elected leadership can't do the same thing is mind boggling to them. >> joy, is this is same kind of negotiator we saw in the first term? >> i'll tell you, richard. one of the things you notice that the president didn't do was offer any new plan. i think he's laying this debacle squarely at the feet of congress. and the president, i think, helped himself by previously making some offers that even his base was uncomfortable with. it's clear to everyone watching that he's been reasonable to try to make offers. i think he's expressing plopperly the frustration of the american people. >> it's almost like the white house is stepping out. i think we have some sound from mitch mcconnell talking about the next steps. let's see if we can run that out. >> we had a good meeting at the white house. we are engaged in discussions, if majority leader, myself and the white house in the hopes that we can come forward as early as sunday and have a recommendation. that i can make to my conference and the majority leader can make to his conference. >> i'm going to do everything that i ca
the notion that our elected leadership can't do the same thing is mind boggling to them. >> joy, is this is same kind of negotiator we saw in the first term? >> i'll tell you, richard. one of the things you notice that the president didn't do was offer any new plan. i think he's laying this debacle squarely at the feet of congress. and the president, i think, helped himself by previously making some offers that even his base was uncomfortable with. it's clear to everyone watching...
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outcome of the 2012 election and the myriad of voter suppression schemes years in the making, voters refused to be ignored, dismissed, or disenfranchised. voters proved that individual americans still have the power when we choose to use it. the more accurate reflection of the america in the 21st century, the key question becomes in 2013 whether or not this coalition will find ways to work together to lefage that electoral power for policies on immigration reform, gun control, equal rights, economic inequality and continuing to expand the american story. so what matters most is what happens next because it's up to us to make sure that the power we loan to politicians is used for the greatest good, and it's up to us to make them earn our votes and hold them accountable when they falter. thanks to the bashir team. the "hardball" team picks things up right now. >>> deal or no deal. let's play "hardball." ♪ >>> good evening. i'm richard wolffe in for chris matthews. big numbers get thrown around at times like this in washington. as the legendary everett dirksen once said, a billion her
outcome of the 2012 election and the myriad of voter suppression schemes years in the making, voters refused to be ignored, dismissed, or disenfranchised. voters proved that individual americans still have the power when we choose to use it. the more accurate reflection of the america in the 21st century, the key question becomes in 2013 whether or not this coalition will find ways to work together to lefage that electoral power for policies on immigration reform, gun control, equal rights,...
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that is something that would be a risk on the speaker's part as he faces a re-election by the house of representatives to the speakership in early january, but we'll see whether if it comes to that, whether he's willing to do it. 8. >> john, thank you very much. >>> as we edge ever closer to our impending fiscal doom, we will look more closely how the markets are reacting and what is yet to come. joining us now, michael farr in washington, and also peter schear. great to have you both with us. thanks for coming back from various holidays. michael, this is not an economic crisis. this is not a market crisis. this feels like a political crisis. do you blame our leaders for failing to get their act together over this? >> mandy, it is a profound failure of leadership once again from washington. i mean, we have been facing this profligate spending for a long time. over the last four years it's been $5 trillion more than we've brought in in receipts. just think about that in terms of your own household if you spent 11%, 12% more than you brought in in your annual receipts. it doesn't work lo
that is something that would be a risk on the speaker's part as he faces a re-election by the house of representatives to the speakership in early january, but we'll see whether if it comes to that, whether he's willing to do it. 8. >> john, thank you very much. >>> as we edge ever closer to our impending fiscal doom, we will look more closely how the markets are reacting and what is yet to come. joining us now, michael farr in washington, and also peter schear. great to have you...
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the performance by the people re-elected is a complete and utter disaster. instead of their getting a raise, we should get our money back. joining us now with the latest on the negotiations is chief congressional correspondent mike emanuel. >> the talks have shifted from the top two senators negotiating to senate republican leader mitch mcconnell trying to strike a deal with joe abide den. the senate majority leader left the capital shortly after making this comment about republicans trying to change the way inflation is measured on entitlement. >> i was really gratified to hear republicans taking their demand for social security benefit cuts off the table. truth is they should have never been on the table to begin with. they are still significant distance between twot sides and negotiations continue. still time left to reach an agreement and we can continue the negotiations. >> the senate is due to return tomorrow morning at 11:00 a.m. mcconnell said he was concerned about a lack of urgency on the side of democrats. >> willing to work with whoever, whoever
the performance by the people re-elected is a complete and utter disaster. instead of their getting a raise, we should get our money back. joining us now with the latest on the negotiations is chief congressional correspondent mike emanuel. >> the talks have shifted from the top two senators negotiating to senate republican leader mitch mcconnell trying to strike a deal with joe abide den. the senate majority leader left the capital shortly after making this comment about republicans...
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in some ways it defined what the election is all about. let's watch. there. >> are 47% of the people who will vote for the president no matter what. all right there are 47% with him who believe that they're victims, who belief the government has the responsibility to care for them. so my job is not to worry about those people. i'll never -- they should take first responsibility and care for their lives. >> agreed, john, agreed, ken, that this was the line that put him away? >> not only was this unbelievably devicive in a country that likes to think of itself as one country, but it was critically important that it was caught on surruptious video. if this is something he had said in public, it would have been a big gaffe, but not as big as seeing it on that video where the voter is thinking ah-ha, now i'm seeing the real mitt romney, not one in the imagining. >> and not just that, the setting, that he was speaking to wealthy donors who he could be candid with. it was like the true mitt romney talking to his people in this setting. just so illustrative of
in some ways it defined what the election is all about. let's watch. there. >> are 47% of the people who will vote for the president no matter what. all right there are 47% with him who believe that they're victims, who belief the government has the responsibility to care for them. so my job is not to worry about those people. i'll never -- they should take first responsibility and care for their lives. >> agreed, john, agreed, ken, that this was the line that put him away? >>...
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. >>> and the 2012 election was all about viral videos, tonight we're counting down our favorite political video of the year. let's go "outfront." >>> i'm john avalon in for erin burnett. "outfront" tonight, a stark warning from capitol hill. senate majority leader harry reid says we're all headed for fiscal disaster. >> if we go over the cliff, and it looks like that's where we're headed, mr. president, the house of representatives, as we speak, with four days left before the first of the year, aren't here. >> we're now told the house will finally return to work on sunday. now, that's december 30th. in other words, less than 48 hours before we go over the fiscal cliff. meanwhile, president obama cut his hawaii vacation short to return to washington today. but has he been working on a deal? "outfront" tonight, reports from both ends of pennsylvania avenue. chief white house correspondent, jessica yellin, and senior congressional correspondent, dana bash. jessica, first, to you, the president's back in washington, wheels down. he left his christmas vacation early. but was this just a bit of
. >>> and the 2012 election was all about viral videos, tonight we're counting down our favorite political video of the year. let's go "outfront." >>> i'm john avalon in for erin burnett. "outfront" tonight, a stark warning from capitol hill. senate majority leader harry reid says we're all headed for fiscal disaster. >> if we go over the cliff, and it looks like that's where we're headed, mr. president, the house of representatives, as we speak, with...
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i mean, we lost the election. elections have consequences. we're not going to get everything we want. but we need to focus on the real issue of our debt and deficit. instead of focusing on the power of who's in charge in the republican party and the democratic party and who's winning of the two parties? >> let me ask you, you're focusing on the deficit here. if we do nothing with if there's no deal in the next few days, and we do nothing in the first few weeks and there's no patch in the first few weeks of the new year the deficit problem basically solves itself, doesn't it? >> well, i mean, we're not -- we have over $1 trillion deficit every year. over a trillion dollars. it's not sustainable. >> but doesn't -- i'm saying, if we -- all of these issues, with all the bush tax cuts going away, the sequester, payroll tax expiring, the estate tax, if we do all the stuff that the fiscal cliff or the fiscal curb, whatever you call it does, the deficit problem is solved? >> no. i have no idea what the specific number is but i know we're over $16 tri
i mean, we lost the election. elections have consequences. we're not going to get everything we want. but we need to focus on the real issue of our debt and deficit. instead of focusing on the power of who's in charge in the republican party and the democratic party and who's winning of the two parties? >> let me ask you, you're focusing on the deficit here. if we do nothing with if there's no deal in the next few days, and we do nothing in the first few weeks and there's no patch in the...
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the notion that our elected leadership can't do the same thing is mind boggling to them. >> the president seemed to be much more comfortable in the white house briefing room today using the bully pulpit saying enough is enough. >> he did. i thought that he sounded like a man who knows he holds, if not all of the cards, but a lot of them. he has the advantage here, and the polls indicate as with bill clinton in the showdown with newt gingrich and the shutdown of the '90s the public blames the republicans when this happens when over on the house side, you have so many republicans who are so far right and worried about somebody farther right running against them in primaries that john boehner is having a hard time to get them to agree to his packages like plan b out here. we don't know how much out here in the public things have changed since last week, but it seemed like president obama was saying something that he was planning to say if it came down to the last few days. >> joy, is this the same kind of negotiation we saw in the first term? >> well, richard, one of the things that you didn
the notion that our elected leadership can't do the same thing is mind boggling to them. >> the president seemed to be much more comfortable in the white house briefing room today using the bully pulpit saying enough is enough. >> he did. i thought that he sounded like a man who knows he holds, if not all of the cards, but a lot of them. he has the advantage here, and the polls indicate as with bill clinton in the showdown with newt gingrich and the shutdown of the '90s the public...
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no progress before the election campaign began. no progress during the campaign. then more recently, house speaker john boehner and president obama each made important concessions. the president on entitlement spending. speaker boehner on upper income tax rates. speaker boehner, though, could not get conservative republicans to go along and seemed at a loss on what to do next. >> we ned economic growth. many of us believe on both sides of the aisle on the fundamental reform of the tax code will help us get our economy moving faster and put more americans back to work. and more americans on the tax rolls. how we get there, god only knows. >> president obama, meantime, seemed to lose patience. no sign he's eager to go off the cliff, but he's also not ready, either, to get in his words, what he'll get for free when the bush tax cuts expire tuesday morning. democrats are willing to let that happen, and both sides are still pointing fingers. take a look at mitch mcconnell and harry reid just this afternoon. >> you'll excuse me if i'm a little frustrated at the situatio
no progress before the election campaign began. no progress during the campaign. then more recently, house speaker john boehner and president obama each made important concessions. the president on entitlement spending. speaker boehner on upper income tax rates. speaker boehner, though, could not get conservative republicans to go along and seemed at a loss on what to do next. >> we ned economic growth. many of us believe on both sides of the aisle on the fundamental reform of the tax...
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that is one of these issues that elections are supposed to decide those things. >> and larry elder. i'll give you the last word on our new year's show. the debt ceiling is coming. but nobody wants america to default. >> the debt ceiling is coming. the end game is a value added tax on top of the irs so that we have the western style welfare state. tax es are going to go up next year also. >> maybe. >> taxes. >> president obama has never said anyone of those thing. >> happy new year. thank you very much. thank you very much. appreciate it. the night continues head over to cnbc.com for the latest. happy new year everybody and all of 2012. excuse me, sir i'm gonna have to ask you to power down your little word game. i think your friends will understand. oh no, it's actually my geico app...see? ...i just uh paid my bill. did you really? from the plane? yeah, i can manage my policy, get roadside assistance, pretty much access geico 24/7. sounds a little too good to be true sir. i'll believe that when pigs fly. ok, did she seriously just say that? geico. just click away with our free mobil
that is one of these issues that elections are supposed to decide those things. >> and larry elder. i'll give you the last word on our new year's show. the debt ceiling is coming. but nobody wants america to default. >> the debt ceiling is coming. the end game is a value added tax on top of the irs so that we have the western style welfare state. tax es are going to go up next year also. >> maybe. >> taxes. >> president obama has never said anyone of those thing....
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so what that etch-a-sketch comment did, it almost cost them the election right there. it prevented them from scampering back to the ish shoe. it didn't allow romney the running room he needed. >> i also say i don't believe a word that i spoke since running for president. here's one for you, ken. if one crystallized the overwhelm trouble, it was this. take a look at number 6. >> first of all, from what i understand from doctors, that's really rare. if it's a legitimate rape, the female body has ways of shutting that whole thing down. >> let's start with the first part. if it's a legitimate rape? what did that mean? >> what it meant was absolutely unjustifiable. and it was the reason, the potential for todd aiken to go off the reservation and prepare to hit him on. it shows why democrats wanted him to be the nominee to the point where they advertise democratic super pacts in his primary for the republican nomination to run against claire mccaskell to say todd aken is too conservative. he is opposed to abortion. hey, this sounds like our kind of guy. >> you know, canadian
so what that etch-a-sketch comment did, it almost cost them the election right there. it prevented them from scampering back to the ish shoe. it didn't allow romney the running room he needed. >> i also say i don't believe a word that i spoke since running for president. here's one for you, ken. if one crystallized the overwhelm trouble, it was this. take a look at number 6. >> first of all, from what i understand from doctors, that's really rare. if it's a legitimate rape, the...
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lower than other re-election years. for example, 2008, 2004, and 2000. gerri: you say more than 80% of the rules have been under review for 90 plus days. why does it takeso long? look, i don't even want to see the rules come into place but at end of the day they should have some efficiency about enacting them and writing them down? >> sure. well the biggest issue is transparency. you mentioned the 90-day threshold. under executive orders, 90 days is supposed to be the maximum. roughly 80% of the rules have been there longer than 90 days. this is really unprecedented. part of the issue as i mentioned is transparency the white house under law is supposed to release two unified agendas of regulations each year and the last onone they issued was for last fall. even that one was late. we don't have one for 2012 at all. we have no clue really beyond what is at the white house what is scheduled for 13 and 2014. members of the house oversight committee --. gerri: talk about your transparency problem. that is a big transparency
lower than other re-election years. for example, 2008, 2004, and 2000. gerri: you say more than 80% of the rules have been under review for 90 plus days. why does it takeso long? look, i don't even want to see the rules come into place but at end of the day they should have some efficiency about enacting them and writing them down? >> sure. well the biggest issue is transparency. you mentioned the 90-day threshold. under executive orders, 90 days is supposed to be the maximum. roughly 80%...
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and i think the 2012 election shows i. we have this remnant, these tea party people who held onto 2012. by the i want, the democrats made gains for the house and i'm talking about the extremists who used to have a more reasonable approachment and it was because of the congressional merriment. we have bad luck. the best republican year happened to be 2010, which was the year that the governors and the legislatures elected did congressional redistricting. they said the democrats would is picked up more seats, maybe six more. we wouldn't have controlled the house, but it would have been a significant increase. i think the american public has made it clear that they do not agree with the republican right wing. they don't want social security and medicare to be taken about. they're not hung up on other people's private lives and emotional lives and they're supporting the people with the same sex right to marry. now on gun control, they're on the wrong side. so i am optimistic that we are going to see the elections of 2012. i th
and i think the 2012 election shows i. we have this remnant, these tea party people who held onto 2012. by the i want, the democrats made gains for the house and i'm talking about the extremists who used to have a more reasonable approachment and it was because of the congressional merriment. we have bad luck. the best republican year happened to be 2010, which was the year that the governors and the legislatures elected did congressional redistricting. they said the democrats would is picked...
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which if that were to happen, what would the country think of our elected officials? but i want to ask that in a broad sense. you've followed politics for a long time. when you look at this from the outside and you're an average american, basically the media is saying, congress, if they don't do anything now, might as well pass something on january 3rd but in actuality they could pass today. do you think people are understanding how absurd it is? >> no. the american people understand how absurd this is. we've been seeing poll after poll after poll showing the american people, if the country goes over the cliff, would is to blame? the republicans get the majority of the blame. speaker boehner and his plan b could not even get the republicans in his caucus to pass a tax increase on people making $1 million when we already know through november election and through subsequent public opinion polls, the american people are perfectly fine with raising taxes on people earning incomes of $250,000 and above. so the idea that the republican party can't -- i mean, i should say s
which if that were to happen, what would the country think of our elected officials? but i want to ask that in a broad sense. you've followed politics for a long time. when you look at this from the outside and you're an average american, basically the media is saying, congress, if they don't do anything now, might as well pass something on january 3rd but in actuality they could pass today. do you think people are understanding how absurd it is? >> no. the american people understand how...
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>> it sounds like the president does, after all, he's the won the election. the polls show that the american people for the most part favor some sort of tax increase for the wealthy, but quite frankly the losers are just about everybody. certainly those who are in the position to need unemployment insurance, federal workers, those who are beholden to the government, that type of thing, and i think that also the political system in the united states is a loser. i really do believe that the polls bear this out, that people are really getting disgusted with all the players in this game, and they want to see it stopped. >> let bring in paul cain, congressional correspondent for the "washington post." you know, to what bob was just saying americans are shaking their heads at all of this, just watching this blame game and wondering where are we going with this. >> you know, melissa, the other night mark begich, freshman senator from alaska when he was walking out friday night, he called it political schizophrenia. he said it's just -- he's getting whiplash back and
>> it sounds like the president does, after all, he's the won the election. the polls show that the american people for the most part favor some sort of tax increase for the wealthy, but quite frankly the losers are just about everybody. certainly those who are in the position to need unemployment insurance, federal workers, those who are beholden to the government, that type of thing, and i think that also the political system in the united states is a loser. i really do believe that the...
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he said 800 billion is what he said during the election. >> and 6 trillion. >> yeah. >> spending is not the problem. >> no, i agree with you. >> i'm sorry. >> revenue is not the problem. >> yeah. >> it's been a long week, hasn't it? >> good luck on sunday, let's see what happens and we'll have you back afterward and see what's going on. >> let's get the market reaction. eamon hinted at this, and capital growth management and brian kelly, the co-founder of shelter harbor capital. can we bring up that chart again, guys so people can understand what happened today? we are showing you a one-day chart of both the dow, all three, the dow, the nasdaq and the s&p. this is a one-day chart. so harry reid comes out and says, folks, we are going off the cliff and the markets start to tumble and tumble and tumble and tumble and then 3:00 in the afternoon you see the sharp rise up and the house is coming back the in the session on sunday night to do something. we don't know what and the markets managed to get back to flat. so ken heebner, the market seemed to care about the deal getting done. is it g
he said 800 billion is what he said during the election. >> and 6 trillion. >> yeah. >> spending is not the problem. >> no, i agree with you. >> i'm sorry. >> revenue is not the problem. >> yeah. >> it's been a long week, hasn't it? >> good luck on sunday, let's see what happens and we'll have you back afterward and see what's going on. >> let's get the market reaction. eamon hinted at this, and capital growth management and brian...